Ethereum resting on a weak support

Ethereum plunged again to $3000 key support level and bulls are trying hard to hold this support. Ethereum is trading below EMA 100 on the 4-hour chart. There is a key bearish trend line acting as resistance right above the lower lows of Ethereum. The Ethereum price is struggling to break above the $3200 resistance but failed. Once it does, we might see a meaningful rally with ETH towards the final resistance at $3769, fib 0.786 level.